SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) goes from the descending trendline up.

A bullish movement upwards to the next resistance level at 185.700000000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 180.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 183.75004 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 185.700000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

185.700000000 – 195.890000000 – 193.870000000 – 180.000000000 – 189.940000000 – 187.350000000 — 39.746629153379 – 40.425559540069

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double top retreat up – –